Qatar is already present in Germany through shareholdings in several German entities including Volkswagen (VOWG.DE), Deutsche Bank (DBKGn.DE), Siemens (SIEGn.DE), Hochtief (HOTG.DE) and SolarWorld (SWVKk.F).

The information about Qatar’s new investment interest in the EU’s top economy has been confirmed by the Gulf country’s Finance Minister, Ali Sharif al-Emadi.

“We see Germany as a key player in the world economy and are looking at the German market with great optimism,” the Qatari official told Handelsblatt in an interview.

“Our delegation will be announcing big new investments,” he added.

The two countries are to hold a joint Business and Investment Forum in Berlin on Sept. 7.